On Monday, Prime Minister Narendra Modi launched the Bima Sakhi Yojana in Panipat, Haryana. This initiative, introduced by the Life Insurance Corporation (LIC), aims to empower women and promote financial literacy and insurance awareness.
Key Features of the Bima Sakhi Yojana
- Target Group: The scheme is designed for women aged between 18 and 70 years, who have completed Class X.
- Training and Stipend: Women selected under the scheme will undergo specialized training. They will also receive a stipend for the first three years to enhance their financial literacy and awareness about insurance.
- Career Opportunities: After completing the training, women will have the opportunity to work as LIC agents. Additionally, successful candidates can qualify for Development Officer roles within LIC.
- Appointment Certificates: Prime Minister Modi will distribute appointment certificates to the new Bima Sakhis as part of the initiative.
Eligibility Criteria
To apply for the Bima Sakhi Yojana, candidates must meet the following requirements:
- Age: Women must be between 18 and 70 years of age.
- Educational Qualification: Applicants must have passed at least Class 10.
- Documents Required: Candidates must submit proof of age, educational qualification, and address.
- Exclusions: Relatives of existing LIC agents and employees, as well as retired employees, are not eligible for the scheme.
Financial Benefits for Bima Sakhis
Commission:
Bima Sakhis will receive a commission of Rs 48,000 (excluding bonus) during their first year.
- Stipend:
- First Year: A stipend of Rs 7,000 per month.
- Second Year: The stipend will decrease to Rs 6,000 per month, provided at least 65% of the policies from the first year are still in force.
- Third Year: The stipend will further reduce to Rs 5,000 per month, based on similar conditions as the second year.
Multiple-Choice Questions (MCQs):
- Who launched the Bima Sakhi Yojana?
- A) Amit Shah
- B) Narendra Modi
- C) Nirmala Sitharaman
- D) Arvind Kejriwal
Answer: B) Narendra Modi
- What is the minimum age required to apply for the Bima Sakhi Yojana?
- A) 16 years
- B) 18 years
- C) 20 years
- D) 21 years
Answer: B) 18 years
- What is the maximum age limit for women to be eligible for the Bima Sakhi Yojana?
- A) 60 years
- B) 65 years
- C) 70 years
- D) 75 years
Answer: C) 70 years
- What educational qualification is required to apply for the Bima Sakhi Yojana?
- A) Class 8
- B) Class 10
- C) Class 12
- D) Graduate
Answer: B) Class 10
- What stipend will women receive in the first year of the Bima Sakhi Yojana?
- A) Rs 5,000
- B) Rs 6,000
- C) Rs 7,000
- D) Rs 8,000
Answer: C) Rs 7,000
- What is the commission women will receive in the first year of the scheme?
- A) Rs 40,000
- B) Rs 45,000
- C) Rs 48,000
- D) Rs 50,000
Answer: C) Rs 48,000